Alfamidi posts Rp5.88 trillion revenue in first quarter of 2026

PT Midi Utama Indonesia, the operator of the Alfamidi convenience store chain, recorded net revenue of Rp5.88 trillion in the first quarter of 2026, a 5.43 percent increase compared to the same period last year, which stood at Rp5.57 trillion. Finance Director Suantopo stated that the current period profit attributable to the owners of the parent entity surged 43.5 percent to Rp265 billion, up from Rp190 billion in the first quarter of 2025. This growth was underpinned by the continued expansion of the store network. As of 31 March 2026, Alfamidi operated 2,627 outlets across Indonesia, a net increase of 40 outlets from the end of 2025, comprising 2,541 Alfamidi stores, 82 Alfamidi Super stores, and 4 Midi Fresh outlets. For the full year 2026, the company is targeting the addition of 200 new outlets with a total investment value of Rp1.5 trillion. The company also expressed confidence in the promising prospects for Indonesia’s retail industry in 2026, anticipating growth supported by increasingly mature digitalisation, the penetration of modern retail into new areas, and rising demand for daily necessities. Reflecting on the pandemic experience, the company remains optimistic about revenue growth and business improvement, preparing various strategies to facilitate consumer access to desired goods. For the full year 2025, the company recorded business growth with annual revenue reaching Rp20.64 trillion, climbing 3.79 percent from Rp19.89 trillion in 2024. Net profit for the year attributable to the owners of the parent entity rose 45.01 percent to Rp792 billion, compared to Rp546 billion in 2024. Corporate Legal and Compliance Director Afid Hermeily added that the company continues to strengthen its digital ecosystem through the development of an online shopping platform, with membership reaching 7.02 million by the end of 2025, contributing 49.8 percent to total company sales. Operational Director Heru Sarwono noted that throughout 2025, the company marketed more than 800 local products across its store network and provided training to micro, small, and medium enterprise players to improve product quality and competitiveness. From 2024 to 2025, a stunting prevention protein programme distributed over 100,560 eggs to 415 beneficiary children, while more than 15,000 families with toddlers in over 120 locations across Indonesia received health and balanced nutrition education. The company also expanded its use of new renewable energy through solar power plants at eight branches and 30 outlets, contributing to a carbon emission reduction of 1,376 tonnes in 2025.